TY 2023 Form 990EZ

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
THERESA FREEDMAN Director	2.00	9,000
KATHLEEN JOHNSON Treasurer	1.00	0
ROBERT EGAN 1ST VP	1.00	0
ALEX BREAUX 2nd VP	1.00	0
DAVID DEPETRIS Director	0	0
DAVID VAUGHN Director	1.00	0
BRAD DENN Director	1.00	0
JENNIFER LYNCH Director	0	0
ABBIE GALIE Director	0	0
CHANTAL CAPODICASA Director	0	0
AL FINKELSTEIN Director	1.00	0
ERIC MOORE Director	0	0
LESHA MOORE Secretary	0	0
MAUREEN FABER Director	0	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans, and
deferred compensation

(e) Estimated amount
of other compensation

THERESA FREEDMAN

Director

2.00

9,000

KATHLEEN JOHNSON

Treasurer

1.00

ROBERT EGAN

1ST VP

1.00

ALEX BREAUX

2nd VP

1.00

DAVID DEPETRIS

Director

DAVID VAUGHN

Director

1.00

BRAD DENN

Director

1.00

JENNIFER LYNCH

Director

ABBIE GALIE

Director

CHANTAL CAPODICASA

Director

AL FINKELSTEIN

Director

1.00

ERIC MOORE

Director

LESHA MOORE

Secretary

MAUREEN FABER

Director

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

MEDFORD BUSINESS ASSOCIATION

Employer identification number

22-6240920

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $1544
Other Expenses.1003	Information Technology $1634
Other Expenses.1012	Insurance $1803
Other Expenses.1	DIRECTORY $10627
Other Expenses.2	MARKETING REPRESENTATIVE $9000
Other Expenses.4	MEMBERSHIP PROMOTIONAL EVENTS $2007
Other Expenses.5	SPONORSHIPS $1500
Other Expenses.6	MEETING COSTS - GENERAL $1093
Other Expenses.7	PAYMENT PROCESSING $347
Other Expenses.8	SUPPLIES $149
Other Expenses.9	ANNUAL REPORT FEE $31
Other Assets.1003	Machinery and Equipment - Beginning $97 Machinery and Equipment - Ending $97
Other Assets.1	PREPAID EXPENSE - Beginning $0 PREPAID EXPENSE - Ending $2000
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $6263 Accounts Payable and Accrued Expenses - Ending $0
Total Liabilities.1003	Deferred Revenue - Beginning $4068 Deferred Revenue - Ending $0
Total Liabilities.1	PAYROLL LIABILITIES - Beginning $742 PAYROLL LIABILITIES - Ending $744

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:	23017517
Software Version:	2023v5.1

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ................	2	10,250
3	Membership dues and assessments .............................	3	11,277
4	Investment income ....................................	4	14
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) List of Attached Documents: // Content ..	6b	127,186
c	Less: direct expenses from gaming and fundraising events ...	6c	83,726
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	43,460
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	65,001

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	10,412
13	Professional fees and other payments to independent contractors ............	13	75
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	2,329
16	Other expenses (describe in Schedule O) ...................	16	29,735
17	Total expenses. Add lines 10 through 16 .................	17	42,551

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	22,450
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	64,389
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	86,839

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? TO PROMOTE BUSINESS IN MEDFORD.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 ANNUAL DIRECTORY OF BUSINESSES, NEWSLETTERS, BUSINESS WEBSITE AND COSTS TO FACILITATE COMMUNICATIONS AMONG MEMBERS AND PROMOTE BUSINESS IN MEDFORD, NJ (Grants $ ) If this amount includes foreign grants, check here ...			28a	23,508
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	23,508

Sign Here

	Signature of officer	Date

	Type or print name and title

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










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